As complexity and tonnage have risen for floating production, storage and offloading vessels, so too have costs - and that is ...

Serica Energy expects "materially higher" output during the second half of the year after the delayed ramp up of the ageing ...

MISC Bhd and Bumi Armada Bhd have decided to walk away from merger discussions that could have created one of the world’s largest floating production, storage and offloading (FPSO) operators, ending ...

The FPSO is part of the Agogo Integrated West Hub (Agogo IWH) project which develops Agogo and Ndungu fields in the West Hub ...

Top U.S. oil producers Exxon Mobil and Chevron are expected to report their lowest earnings in four years when they release ...

This was a critical moment for the company as the Triton floating production, storage and offloading (FPSO) vessel remained offline in the first half of Serica’s financial year, which put a ...

Japanese oil and gas explorer Inpex Corp said on Monday it has awarded a few contracts for early-stage design work for its $20 billion Abadi liquefied natural gas project in the Masela block in ...

FEED is being carried out under multiple contracts: one each with Technip and Saipem the project’s FPSO and two with PT Worley SEA Indonesia for its subsea elements.

The mutual termination of merger negotiations between MISC Bhd and Bumi Armada Bhd is not viewed negatively by analysts ...

Inpex Masela announced the official start of the front-end engineering and design (FEED) phase for the Abadi LNG project in ...

Seatrium boasts solid experience in rig-building and a stronger track record of delivery than that of its low-cost competitors. This creates a competitive advantage, especially for clients seeking ...

He said the plan was conceived in response to the industry’s dwindling offshore output and the need to harness untapped ...